February 9, 2023

Trafigura faces $577 million loss on alleged nickel fraud

The company found that some cargoes it had bought didn't contain the nickel they were supposed to, and spent two months uncovering the scheme.

February 9, 2023

Cobalt’s battery-powered boom has turned to bust

While automotive usage is still rising, there’s been a sharp drop-off in buying from Chinese electronics.

February 9, 2023

Polymetal negotiates to keep London listing as GDRs

Polymetal is negotiating to keep its listing in the form of global depositary receipts after the company moves to Kazakhstan.

February 8, 2023

Cameco nears deal to supply nuclear fuel to Ukraine’s Energoatom

Cameco would supply natural uranium hexafluoride to the Ukrainian company between 2024 and 2035.

February 8, 2023

Glencore deposits more Russian aluminum on LME system

Glencore has deposited more than 100,000 tonnes of aluminum in LME registered warehouses in South Korea.

February 8, 2023

2022 was record year for central bank gold buying, WGC confirms

Central bank demand for gold totalled 1,136 tonnes valued at some $70 billion in 2022.

February 8, 2023

Endeavour Mining expects more gold M&A

CEO Sebastien de Montessus said Newmont's offer to buy Newcrest ramped up pressure on the sector to consider deals.

February 8, 2023

Fancy colour diamond prices up 3.9% in 2022

Prices for yellow diamonds climbed by 4.6% from the previous year, followed by a 3.9% rise in pinks and 1.8% in blues, the FCRF says.

February 8, 2023

Phasing out coal in some places may increase consumption in others – study

Countries phasing out coal from electricity risk pushing the excess supply into other industries or other countries.

February 7, 2023

UK provides model for LME response to US aluminum tariffs

When the UK imposed tariffs on Russian metal last year, the LME responded by banning new deliveries of Russian metal into its warehouses in the UK.